Archive for March 20th, 2010

Minority Interest Discount for Breach of Corporate Fiduciary Duties (2010-3-20)

The issue this week concerns the appropriate remedy when controlling shareholder(s) breach the fiduciary duties they owe to the other shareholders.  An article by attorney William S. Monnin-Browder discusses whether courts should apply a minority interest discount in a forced sale. Background As explained in many published opinions, “stockholders in the close corporation owe one […]